One of the market's major trends is the increased use of protective coating in the automotive industry for the production of seat covers, seatbelts, and interior accessories. Rapid growth in the automotive sector due to increased automobile production and rising consumer disposable income will favour Carbon Black Market for Textile Fibers growth in the near future. Growing spending on home décor products and rising living standards are driving market growth. Acrylic fibre consumption is increasing due to rising demand for home décor products. Furthermore, the growing use of carbon black in apparel to reduce wear and tear and improve colour dispersion of fabrics in order to improve durability is expected to drive market growth.
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